First of all, analyzing the company background, it's invested by Techno, PreAngel, Yeahmobi, GX Capital, MoBy Capital.
Secondly, analyzing from the team background, our team members are all graduated from universities like Columbia, Peking University and so on.
Thirdly, analyzing from the app itself, it already has 100 million monthly active users worldwide. That's a great achievement.
Lastly, seeing from the business model, the movie distribution is a highly needed demand. With the deployment of blockchain in the platform, all participants can split revenue in real time, and all transactions are transparent, which may revolutionize the movie industry.
Secondly, analyzing from the team background, our team members are all graduated from universities like Columbia, Peking University and so on.
Thirdly, analyzing from the app itself, it already has 100 million monthly active users worldwide. That's a great achievement.
Lastly, seeing from the business model, the movie distribution is a highly needed demand. With the deployment of blockchain in the platform, all participants can split revenue in real time, and all transactions are transparent, which may revolutionize the movie industry.
Probably long term
I think long term it will be useless, like most of altcoins. It is nothing worrysome, as the same thing happens in startups. it is natural for 95% of the projects to fail. So chances long term are not good